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Jan 3, 2013
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boehner, may god bless this congress and bless the united states of america. my may i introduce, speaker of the house, john boehner. [ applause ] >> leader pelosi, thank you for your kind words. members of the house, and senate, my wife, debbie, who is with with us today. thankfully the girls are with working. and all of you in our fellow countrymen. we meet again at democracies great port of call. every two years, at this hour the constitution brings a new order to this house and it is an interlude for reflection. a glimpse of old truths. and to our new members and our families, let me just say, welcome. [ applause ] i know you're feeling a bit awe struck at this moment. history runs through this building. now you're among a select few to share in this privilege. and for those of you who are returning, who have walked these aisles before, maybe it's time we get a little awe struck again. [ applause ] you know, the way our founders envisioned it, the republican will be led by citizens who recognize that the blessings that we received by governing ourselves. an
boehner, may god bless this congress and bless the united states of america. my may i introduce, speaker of the house, john boehner. [ applause ] >> leader pelosi, thank you for your kind words. members of the house, and senate, my wife, debbie, who is with with us today. thankfully the girls are with working. and all of you in our fellow countrymen. we meet again at democracies great port of call. every two years, at this hour the constitution brings a new order to this house and it is...
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Jan 3, 2013
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republicans voting for boehner. boehner should win this thing but there have been a couple 1s and 2s of republicans voting for someone else other than speaker john boehner, including one vote for collin powell. and you don't have to be a member of congress to be elected but that said, even though some of those republicans have broken away from boehner in the course of this vote we don't expect yet that they will have enough votes away from boehner to go to a second ballot or to seriously threaten boehner's chances of being elected. but he has add tough week. >> indeed, he has. >> given the fact there are so many new members of congress, do we know yet what the defining kark tistic of the new group might be. >> a racial gender, regional diversity, that we have not seen before in the united states congress. interesting statistic is that among democrats in the house, white males will not be the majority any more of the democratic conference. that's the first time that has happened. we have an african-american republica
republicans voting for boehner. boehner should win this thing but there have been a couple 1s and 2s of republicans voting for someone else other than speaker john boehner, including one vote for collin powell. and you don't have to be a member of congress to be elected but that said, even though some of those republicans have broken away from boehner in the course of this vote we don't expect yet that they will have enough votes away from boehner to go to a second ballot or to seriously...
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Jan 2, 2013
01/13
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his own of speaker boehner earlier today. guys, it looks like this hurricane sandy relief fight is over, at least for now. >> wait. how does this work? i mean, he's promising $9 billion by friday, but does that mean they are going to vote on something today or tomorrow? >> it looks like they will do it as early as friday, and they will do it in the new congress. i mean, they have a new congress coming in towards the tail end. >> noon tomorrow? >> right. >> so it will have to be an entirely different congress that takes this up. presumably boehner will still be speaker. got to win a speakership election between now and then. no indication that he would lose that so he has the authority to make these promises of what the next congress will do because he'll be the guys in charming. he's trying to mollify the new york and new jersey congressmen who have been extremely heated. i mean this, has been very bitter, intraparty warfare over this issue over the last couple of hours. >> not like they will dribble it out as they go on. >>
his own of speaker boehner earlier today. guys, it looks like this hurricane sandy relief fight is over, at least for now. >> wait. how does this work? i mean, he's promising $9 billion by friday, but does that mean they are going to vote on something today or tomorrow? >> it looks like they will do it as early as friday, and they will do it in the new congress. i mean, they have a new congress coming in towards the tail end. >> noon tomorrow? >> right. >> so it...
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Dec 27, 2012
12/12
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boehner's plan "b" and added unemployment insurance. i'm sure the senate will work on the bill we send them in august and amend it if they like and give us something else to work on. >> you've already put out there what you're willing to go with. want massive spending cuts, ten times the revenue increase but at the same time to get a deal done what level are you willing to compromise? >> the president's first deal was $5 in taxes for every spending cut. i think we should start the negotiate at $10 spending cuts like discussed in the presidential debates and we'll get somewhere to the middle. >> what tax increases would you consider? >> is between $3, $4, $5-1 ra o ratio. we've got a debt ceiling discussion that needs to go on before march and control our debt to gdp ratio. wee have to. >> speaker boehner made it clear that he would support or offer a tax increase on those americans making a million or more. who you support that? >> i think it would have to be coupled with some meaningful tax reform. i know that the bill he had proposed
boehner's plan "b" and added unemployment insurance. i'm sure the senate will work on the bill we send them in august and amend it if they like and give us something else to work on. >> you've already put out there what you're willing to go with. want massive spending cuts, ten times the revenue increase but at the same time to get a deal done what level are you willing to compromise? >> the president's first deal was $5 in taxes for every spending cut. i think we should...
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Dec 31, 2012
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remember this $600 billion is less than john boehner's last revenue offer. they are going for more at la later point. >> how is that going to play on the hill. >> it'll play well with democrats and not so well with republicans. the president said these tax increases will be permanent. the president is signalling there that whatever is in this agreement cooked up behind closed doors does include a permanent extension of tax decreases for the middle class. that's an important part of the news as well. >> it was
remember this $600 billion is less than john boehner's last revenue offer. they are going for more at la later point. >> how is that going to play on the hill. >> it'll play well with democrats and not so well with republicans. the president said these tax increases will be permanent. the president is signalling there that whatever is in this agreement cooked up behind closed doors does include a permanent extension of tax decreases for the middle class. that's an important part of...
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Jan 3, 2013
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boehner is getting hit with. the delayed hurricane sandy relief bill has democrats and republicans in the northwest completely fuming. just listen to what new jersey governor chris christie had to say today. we'll be right back with some breaking news on this story. >> america deserves better than just another example of a government that's forgotten who they are there to serve and why. 66 days and counting. shame on you. shame on congress. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. inv
boehner is getting hit with. the delayed hurricane sandy relief bill has democrats and republicans in the northwest completely fuming. just listen to what new jersey governor chris christie had to say today. we'll be right back with some breaking news on this story. >> america deserves better than just another example of a government that's forgotten who they are there to serve and why. 66 days and counting. shame on you. shame on congress. at a dry cleaner, we replaced people with a...
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Dec 28, 2012
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speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs f
speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned...
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Jan 2, 2013
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>> i think john boehner has had a rather rough month. i think we should cut the guy a little slack. this will get done in a couple days. let's move on. >> you think it is that simple though? they are complaining saying it was much faster -- >> i'm afraid -- they won't take it up in the next couple of days unfortunately. don has a point in that i think it'll get done. but christie has a point when he says it has taken much longer for d disasters in many ways less damaging than this one? >> why? because of the fiscal cliff? >> it just has to get on another legislative bill somewhere. >> don, i think the frustration is, the american people, when you dig into the fiscal cliff bill, it has benefits for asparagus farmers, depreciation for nascar tracks. congress has the ability to take those things in. take the time to cut and paste and slap things in. but can't seem to get around it a vote in the house for an pornlt issue. >> this is fairly typical of lame duck fashions. especially with a bill like fiscal cliff. other important things are held hostage and sometimes the clock runs out. yo
>> i think john boehner has had a rather rough month. i think we should cut the guy a little slack. this will get done in a couple days. let's move on. >> you think it is that simple though? they are complaining saying it was much faster -- >> i'm afraid -- they won't take it up in the next couple of days unfortunately. don has a point in that i think it'll get done. but christie has a point when he says it has taken much longer for d disasters in many ways less damaging than...
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Jan 3, 2013
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speaker boehner clearly, i expect him to be re-elected. but he's lost control of his troops. and the republicans don't seem to be in any -- certainly not showing any willingness to compromise. they're now going to be even more emboldened. but the flip side of that coin is the republicans did cave at the 11th hour. if they caved of what is a relatively, relatively minor piece, it's spending which is the big. then, you know, there is the assumption that at the 11th hour, the republicans will fall into line. but i expect that to be extremely messy and to once again go down to the wire. and there's going to be an awful lot of volatility. >> okay. well, we'll talk about that because the vix is down 34% in the last few sessions. a historical drop. it's 2012 global industrywide insurance claims $65 billion. the 2012 claims cost the higher of that, as you might expect, caused by hurricane sandy. it's insured industry loss down from 2011 down to 119 billion. yesterday's resolution of the fiscal cliffhanger may provide -- but tend of this battle has fired the gun on a secondary gun on
speaker boehner clearly, i expect him to be re-elected. but he's lost control of his troops. and the republicans don't seem to be in any -- certainly not showing any willingness to compromise. they're now going to be even more emboldened. but the flip side of that coin is the republicans did cave at the 11th hour. if they caved of what is a relatively, relatively minor piece, it's spending which is the big. then, you know, there is the assumption that at the 11th hour, the republicans will fall...
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Dec 27, 2012
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you know, boehner is going to be coming up to a speaker election january 3rd. all it will require is 17 republicans to overthrow him if they don't support him. that is a tiny number. you could argue this is inherently unstable. you could argue that maybe we're going to get it. some talk about bringing him an outside speaker like john huntsman. and i don't see that happening. but you get a sense of anything could happen in this system. >> and maybe it's a benefit. maybe in the long-term, but certainly right now there does seem to be a sense that it is a small group of people holding the rest of the process hostage. >> oh, yes. i'm trying to find something good to say about something. because the alternative is china, you know? i'd rather have a -- >> is that the case, though? is there not an alternative that you see and other examples as you look whether it's to europe, here in the uk? >> right. right. and people have been saying right now that america needs to do what britain has been doing. and maybe there's a case for that. but nonetheless, if britain has a p
you know, boehner is going to be coming up to a speaker election january 3rd. all it will require is 17 republicans to overthrow him if they don't support him. that is a tiny number. you could argue this is inherently unstable. you could argue that maybe we're going to get it. some talk about bringing him an outside speaker like john huntsman. and i don't see that happening. but you get a sense of anything could happen in this system. >> and maybe it's a benefit. maybe in the long-term,...
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Dec 28, 2012
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i think you'll see everything sold off. >> boehner tried to get something through the house. didn't have the votes. i think the market will be skeptical. you may get a minor pop in the indices but you're not going to get a real pop until it passes the house and the senate. >> next year can certainly be, certainly could start out to be a volatile one for the markets. mike santelli of yahoo finance joins us live with what we can expect. welcome back. it is good to see you again thanks a lot. >> you have been expecting if we do get some kind of deal that will sell right into it you still really believe that given the moves of the market over the last few days? >> you got to tell me exactly what level we're trading at when we get news of a real deal. when we're down 3% in eight days which is what we are right now you're preselling a little bit of that nervousness that i would have expected to set in after a deal. i felt like if you ramped because you thought a deal was going to happen then you just get ratification of that deal. to me that wasn't in itself a catalyst but at this
i think you'll see everything sold off. >> boehner tried to get something through the house. didn't have the votes. i think the market will be skeptical. you may get a minor pop in the indices but you're not going to get a real pop until it passes the house and the senate. >> next year can certainly be, certainly could start out to be a volatile one for the markets. mike santelli of yahoo finance joins us live with what we can expect. welcome back. it is good to see you again thanks...
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Dec 28, 2012
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john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power lunch." >>> this cnbc program is sponsored by the lincoln wish list event. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> take a look at your screen right now. mother nature really dumping snow on our neighbors to the north. they generally handle snow pretty well up in canada, but this storm came as fast and furious tying u
john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power...
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Dec 27, 2012
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the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in the past week. let's get trading action here at the nysc. mary thompson joins us on the floor. this is a vulnerable point for the markets. traders have been saying they're going to make a lot of noise and it will get made up. >> suddenly it isn't. so we're having a bit of a reality check. the dow, the s&p and the nasdaq all negative. it's the lowest now of the month. the vix is spiking. moving above the 20 level for the first time in five months. we want to point out the last time we had this angst over what was happening in washington was in august of 2011 when we had the debt crisis and the s
the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in...
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Dec 26, 2012
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john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any significance. you know, they are probably going to change it as we go forward so maybe they will let us go over the cliff, the market will crash a little bit. i don't want to say crash as in crash but we could retrace some of the gains and a rough start to 2013 until they finally realize that maybe the large-cap companies could be leading us through the rallies. maybe it will take the stocks back up the latter half of 2013, first quarter. >> oliver, w
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to...
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Jan 2, 2013
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house speaker john boehner -- 257-267. house speaker john boehner voted. the bill raises tax rates for families making more than $450,000 a year and lets the payroll tax cut expire but delays military spending cuts by two months. speaking after the vote, president obama thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there is a path forward. that it is possible. if we focus not on our politics but what's -- but on what's right for the country. the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> the bill sets up the next fight in around two months when the spending cuts are set to take effect and america hits the debt ceiling. treasury secretary geithner's taken steps to delay the date by halting investment in two government worker pension funds. the president is vowing to avoid a repeat of 2011 saying he won't
house speaker john boehner -- 257-267. house speaker john boehner voted. the bill raises tax rates for families making more than $450,000 a year and lets the payroll tax cut expire but delays military spending cuts by two months. speaking after the vote, president obama thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there is a path forward. that it is possible. if we focus not on our politics but what's -- but on...
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Dec 29, 2012
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they don't pass anything and they would make the argument they would limit the tax cut and speaker boehner has made the same argument. >> thank you so much. we want to show people what is going on with the after markets because even though john says people are optimistic the markets are not optimistic. right now if the dow jones industrial average were to open at this moment it would be down 315 points. that's a reflection of the futures trading that happens in the after-hours. we'll see how asia opens on monday and right now the markets do not like what they see. they are not optimistic at this point and maybe if a mini deal gets done, a mini deal is not enough to deal with what the country faces. after all of this time the president still wants congress to come up with a plan instead of assuming the leadership mantle himself. let's talk to a member of congress about that. james langford serves in the house budget committee and he joins me now. sir, have you conceded you're not getting spending cuts are you voting on raises taxes on people who make over $250,000 come sunday or monday, wha
they don't pass anything and they would make the argument they would limit the tax cut and speaker boehner has made the same argument. >> thank you so much. we want to show people what is going on with the after markets because even though john says people are optimistic the markets are not optimistic. right now if the dow jones industrial average were to open at this moment it would be down 315 points. that's a reflection of the futures trading that happens in the after-hours. we'll see...
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Dec 28, 2012
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speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff.
speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be...
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Dec 28, 2012
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and i think that boehner, speaker boehner has been very aggressive in doing that. quite honestly i think he's gone much further than i would have expected him to go on the revenue side. he's essentially said he's willing to give the revenue to the president he wants. he was even willing to give him some rates that he wants. and he's also said, and i think he's right on this, unless you match those revenues with spending reductions he can't pass the house with that. and he shouldn't pass the house with it, because it really is the spending issue that we've got to focus on now. i think everybody's -- knows where the revenue number is going to. it's going to about $1 trillion. but the spending number is simply not there. and it hasn't been there, and until we get some movement from the other side of the aisle, so to say, on the issue of how you reform the entitlement accounts, you're not going to get that. now i will give the president credit for this. he did put on the table, as your other commentator there said, the chain cpi. that is a huge give in my opinion by th
and i think that boehner, speaker boehner has been very aggressive in doing that. quite honestly i think he's gone much further than i would have expected him to go on the revenue side. he's essentially said he's willing to give the revenue to the president he wants. he was even willing to give him some rates that he wants. and he's also said, and i think he's right on this, unless you match those revenues with spending reductions he can't pass the house with that. and he shouldn't pass the...
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Dec 27, 2012
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said boehner, why did byner -- they were so close, only a couple hundred billion apart, why did boehner walk away? wasn't there an insistence that you do two years for the debt ceiling that they didn't waiver on? >> yeah, there are a couple of elements that boehner didn't like in what the president was proposing. one was the semipermanent or multiyear debt ceiling deal, which he thought gave up too much control from congress. and then the other one was, they didn't think that all the spending cuts that the president was proposing were, in fact, real. they thought that the president was proposing savings from spending on interest that you wouldn't have to make if you brought down the deficit a little bit. they thought that shouldn't count under the limit, and that was a couple hundred billion dollars there. >> but the two-year thing was probably a nonstarter because, you know, we're going to talk to john cannis in a second because i sort of thought all along that if we went over the cliff it was good for the president, because he gets tax rates back to where he wants them, without negoti
said boehner, why did byner -- they were so close, only a couple hundred billion apart, why did boehner walk away? wasn't there an insistence that you do two years for the debt ceiling that they didn't waiver on? >> yeah, there are a couple of elements that boehner didn't like in what the president was proposing. one was the semipermanent or multiyear debt ceiling deal, which he thought gave up too much control from congress. and then the other one was, they didn't think that all the...
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Dec 31, 2012
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the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people realize that, but literally people are paying one-third of the cost of medicare, we have 20 million more americans coming on medicare over the next decade, i mean it's a time bomb. >> i agree with you it's
the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i...
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boehner w was -- speaker boehner was doing the dirty work they were unable to do. >> i know you aren't watching the markets closely. would it alter the calculus at all? does it mean we get a framework in 24 hours if we lost a lot? >> caller: yes. i think the tragedy of what we're failing to do in congress we should do it on our own because it's our responsibility. the only way it looks like we do some of these things is after we get pistol whipped by the market. with the debt ceiling last august that was essentially what is about to happen. i think the market is going to punish us for our failure to act and may be the only thing that gets us to act. >> finally, have you been to a starbucks lately? putting comments on coffee cups to get you guys put a deal together. >> caller: i'm in vermont and we are deficifferent coffee folks earl' earl's. >> a way to make a deal on the cliff, already ordering his grande cliff special to see for himsel himself. >> how are you doing, carl. we are 10 minutes from the white house and some of the more prominent washington d.c. think tanks are close by. a
boehner w was -- speaker boehner was doing the dirty work they were unable to do. >> i know you aren't watching the markets closely. would it alter the calculus at all? does it mean we get a framework in 24 hours if we lost a lot? >> caller: yes. i think the tragedy of what we're failing to do in congress we should do it on our own because it's our responsibility. the only way it looks like we do some of these things is after we get pistol whipped by the market. with the debt...
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we've talked about 400 which was the president's last offer to boehner. we've we've talked about 450, 5 oorks all of those are possibilities about and there's an inner play between those levels and things like what happens on the estate tax, what happens on the sequester. do they come up with two months of cuts, do they come up with three months of cuts to try to satisfy those who say, well, we may not want the across the board budget cuts that are called for under current law, but we want some cuts if we're going to agree to tax increases. that's a key republican demand. so all of those things are in play. each movement in any one part affects the others and we'll vus have to s just have to see where it comes out including capital gains and dividends which is i'm assuming would go 20%. that's down from 39.6 which is where they would go under current law if we go over the cliff. but it's up from 15 in both areas from where we are right now. >> last question, john, and i'll make this question. if we're talking about things like capital gains and seques r s
we've talked about 400 which was the president's last offer to boehner. we've we've talked about 450, 5 oorks all of those are possibilities about and there's an inner play between those levels and things like what happens on the estate tax, what happens on the sequester. do they come up with two months of cuts, do they come up with three months of cuts to try to satisfy those who say, well, we may not want the across the board budget cuts that are called for under current law, but we want some...
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Jan 3, 2013
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the house majority and their speaker, john boehner. new york deserves better than the selfishness we saw on display last night. new jersey deserves better than the duplicity we saw on display last night. america deserves better than just another example of a government that has forgotten who they are there to serve and why. 66 days and counting. shame on you. shame on congress. >> angry new york/new jersey lawmakers say the house delay marks a stark contrast to congressional reaction to hurricane katrina in 2005. a republican-controlled congress swiftly approved $62 billion in aid just days after the gulf coast hit the coast. >> why did the senate not have a bill until -- >> they looked at it for a long time. >> by the time we saw them, they had an hour to look at it. >> if it had been done earlier -- >> so why wasn't that done earlier? >> why didn't the house do something early earlier? >> i don't know. i guess because everybody was dealing with the fiscal cliff. >> people are so concerned about that, but they have been so long in dig
the house majority and their speaker, john boehner. new york deserves better than the selfishness we saw on display last night. new jersey deserves better than the duplicity we saw on display last night. america deserves better than just another example of a government that has forgotten who they are there to serve and why. 66 days and counting. shame on you. shame on congress. >> angry new york/new jersey lawmakers say the house delay marks a stark contrast to congressional reaction to...
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john boehner suffered an embarrassment thursday night. >> at least he suffered it then. didn't have this great big deal we thought would avert everything and get us where we want to go and then not deliver. are you sure the president can deliver everything from his side. >> the deal will look like the budget control act of the summer of 2011 where you get democrats and republicans voting for it. all you learned thursday night is the president can't deliver 218 of his own guys for a deal. this is something the media isn't really picking up on much. >> the speaker. >> sorry. the speaker. for a deal which was never going to become law. remember, a member of congress, a republican, i know plenty of them, are willing to vote for revenue increases. they say we have this deal harry reid said the senate won't pick up and ask you to vote for revenue increase or tax hike, a lot of republicans will say hell no to that whereas they might vote for the larger deal that stands for a chance of addressing the fiscal cliff. >> congressman, what is the chance we're doing this in february a
john boehner suffered an embarrassment thursday night. >> at least he suffered it then. didn't have this great big deal we thought would avert everything and get us where we want to go and then not deliver. are you sure the president can deliver everything from his side. >> the deal will look like the budget control act of the summer of 2011 where you get democrats and republicans voting for it. all you learned thursday night is the president can't deliver 218 of his own guys for a...
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you see john boehner there. despite recent drama, current speaker john boehner is expected to be re-elected but of course this is something that we continue to follow for you. >>> adp coming out with a better than expected jobs number this morning. goldman sachs just raised its estimate for tomorrow's employment report to a gain of 200,000 jobs from 175,000. for more, let's bring in ward mccarthy, chief u.s. economist at jeffries. good morning to you. >> good morning. >> are you upbeat about tomorrow's employment report, non-farm payrolls? >> i'm pretty upbeat. i think we'll be a solid reading on the private second sore side, i think we'll get an increase of about 188,000. we'll probably lose about 8,000 government jobs but i expect that we'll see a rebound in construction activity and we'll get a little bit of a post-sandy boost as well, i think. >> that's interesting. so you don't believe that the fiscal cliff -- the fiscal cliff will have negatively impacted the figures potentially. >> i think it will on the
you see john boehner there. despite recent drama, current speaker john boehner is expected to be re-elected but of course this is something that we continue to follow for you. >>> adp coming out with a better than expected jobs number this morning. goldman sachs just raised its estimate for tomorrow's employment report to a gain of 200,000 jobs from 175,000. for more, let's bring in ward mccarthy, chief u.s. economist at jeffries. good morning to you. >> good morning. >>...
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do you think john boehner was really even trying at this point? i think he knew the up and down vote would save his bacon, he would get a bill passed that they would have gotten the blame for if it didn't get passed. at this point it almost looks like he was doing what he had to do. >> well, yeah, he's got elements in his party that definitely wanted to address spending and he had to demonstrate that they did not have the votes to address spending today. spending needs to be cut, it needs to be cut and he said look, we're going to have to cut it later. so he had to walk through that. so a lot of this blowup about republicans are blowing up this bill, no, it was just an idea that if we don't talk about spending right now, it seemed like it was spineless. >> hold that thought. i want to bring in republican congressman david schiekert from arizona. congressman, everything i just said sounds like a bunch of baloney to you. you are not going to vote in favor of the bill as it stands, the senate bill? >> sorry about saying this about baloney -- >> it's
do you think john boehner was really even trying at this point? i think he knew the up and down vote would save his bacon, he would get a bill passed that they would have gotten the blame for if it didn't get passed. at this point it almost looks like he was doing what he had to do. >> well, yeah, he's got elements in his party that definitely wanted to address spending and he had to demonstrate that they did not have the votes to address spending today. spending needs to be cut, it needs...
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down, boehner/reid couldn't get this done. we had to bring in joe biden to get this done. i'm not sure anybody else wants the job so i think the job is safe for boehner but i don't think this is something that really bodes well for his effectiveness, at least within the party's thought process zip think one of of t -- >> i think one of the win nerwi maria, joe biden. >> i completely agree, wolf. i think joe biden has done a spectacular job of bringing people together, but i will also say this is a win for senator mcconnell because he was part of that team that made this deal come together and he assured that the majority of republicans in the senate were going to support this deal. let's think about that. who knew that in this divided congress that we were going to be able to get a deal on the fiscal cliff where in the senate it was going to pass with the majority of republican support. and mitch mcconnell, my hat goes off to him because i don't think we expected that that was going to be the case. so i think vice president bi
down, boehner/reid couldn't get this done. we had to bring in joe biden to get this done. i'm not sure anybody else wants the job so i think the job is safe for boehner but i don't think this is something that really bodes well for his effectiveness, at least within the party's thought process zip think one of of t -- >> i think one of the win nerwi maria, joe biden. >> i completely agree, wolf. i think joe biden has done a spectacular job of bringing people together, but i will...
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do you support john boehner? >> i do, actually. i just walked out of that meeting she just referenced that dana just mentioned saying it was internal procedure setting up the rules for the house. there was actually no conversation at all of any type about a lack of support for john boehner. >> let me just understand why that is though because in the recent key moments of leadership, john boehner has not been able to deliver, right? there was the plan b right before christmas. that he was going to put out and couldn't even get back to the floor for his own party and then in the fiscal cliff deal, he was the guy doing the negotiating and wasn't able to get it done. then senator mcconnell had to step in. if john boehner couldn't get that done, why is he going to be speaker? >> here's the challenge of it. the house passed sequestration documents in may. and we passed our tax documents in august and then we went through the process. the mistake that was made and we're waiting on the senate to respond. he shouldn't have done face to face
do you support john boehner? >> i do, actually. i just walked out of that meeting she just referenced that dana just mentioned saying it was internal procedure setting up the rules for the house. there was actually no conversation at all of any type about a lack of support for john boehner. >> let me just understand why that is though because in the recent key moments of leadership, john boehner has not been able to deliver, right? there was the plan b right before christmas. that...
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john boehner hadn't had such a good couple of weeks. will it be senator mcconnell again who managed to kind of deal with joe biden? don't forget senator connell is up for reelection and is afraid of republicans running to his right will it be eric kantor? we see the same leadership, but we are not actually sure who is going to be cutting these deals if deals are going to be cut. another name is paul ryan voted for the fiscal cliff deal to the disappointment of many conservatives. he now becomes somebody as chairman of the budget committee who can cut these. >> you have to give mitch connell. he may be up for reelection and worried about a primary. he stood firm and worked out the deal with joe biden, the vice president of the united states and delivered an 89-8 lopsided majority. >> it took him less than a week. today he had an op ed he wrote talking about the spending cuts saying we are not going to give and didn't do that tax deal. he kind of comes to us. >> the tax increases we are talking about spending cuts. woo will have more late
john boehner hadn't had such a good couple of weeks. will it be senator mcconnell again who managed to kind of deal with joe biden? don't forget senator connell is up for reelection and is afraid of republicans running to his right will it be eric kantor? we see the same leadership, but we are not actually sure who is going to be cutting these deals if deals are going to be cut. another name is paul ryan voted for the fiscal cliff deal to the disappointment of many conservatives. he now becomes...
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you'd have to work with speaker boehner. the president was trying to work out this grand bargain with speaker boehner. but when they couldn't get it done and it collapsed, it pitched over to the senate. when it became clear it had to be a senate deal, mitch mcconnell has this historic relationship with the vice president because they worked in the senate for so many years together. they just know each other. it's not like they're great friends and they don't go around and vacation together but they know how to get deals done together. so when he needed what they call a dance partner, knew what they needed to horse trade and make it happen, that's who he turned to. he's just become an exceptional resource in the white house for getting deals done on capitol hill. >> we've got an eye on that door as well. you're looking at the same thing to make sure if the president comes out, we're all going to stop talking. for the next three big things happening, the dealt ceiling, the sequester, which this bill pushes off for two months,
you'd have to work with speaker boehner. the president was trying to work out this grand bargain with speaker boehner. but when they couldn't get it done and it collapsed, it pitched over to the senate. when it became clear it had to be a senate deal, mitch mcconnell has this historic relationship with the vice president because they worked in the senate for so many years together. they just know each other. it's not like they're great friends and they don't go around and vacation together but...
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boehner's juice is gone. he didn't necessarily have the votes to get another spending bill through his own house. and so he basically ended up lying and deceiving house republicans that he would bring this to the floor. and then he didn't. which is why the outrage and why he's now been forced to put it into two parts, bring to it the floor on friday in part the flood insurance part and then the rest of it won't happen until the middle of the month. >> use the word lying that's a pretty serious word. let me bring kristen in. disaster relief new jersey, new york, connecticut is concerned. it's a hot political issue. why. >> because even for folks who believe that the government is doing too many things that ought to be left to individuals and the private-sector when it comes to things like taking care of people who have been hit by a disaster, taking care of people in emergency situations, that's something that i think everybody ought to be able to agree on. so that's really what's causing a lot of questions ab
boehner's juice is gone. he didn't necessarily have the votes to get another spending bill through his own house. and so he basically ended up lying and deceiving house republicans that he would bring this to the floor. and then he didn't. which is why the outrage and why he's now been forced to put it into two parts, bring to it the floor on friday in part the flood insurance part and then the rest of it won't happen until the middle of the month. >> use the word lying that's a pretty...
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you'd have to work with speaker boehner. the president was trying to work out this grand bargain with speaker boehner. but when they couldn't get it done and it collapsed, it pitched over to the senate. when it became clear it had to be a senate deal, mitch mcconnell has this historic relationship with the vice president because they worked in the senate for so many years together. they just know each other. it's not like they're great friends and they don't go around and vacation together but they know how to get deals done together. so when he needed what they call a dance partner, knew what they needed to horse trade and make it happen, that's who he turned to. he's just become an exceptional resource in the white house for getting deals done on capitol hill. >> we've got an eye on that door as well. you're looking at the same thing to make sure if the president comes out, we're all going to stop talking. for the next three big things happening, the dealt ceiling, the sequester, which this bill pushes off for two months,
you'd have to work with speaker boehner. the president was trying to work out this grand bargain with speaker boehner. but when they couldn't get it done and it collapsed, it pitched over to the senate. when it became clear it had to be a senate deal, mitch mcconnell has this historic relationship with the vice president because they worked in the senate for so many years together. they just know each other. it's not like they're great friends and they don't go around and vacation together but...
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you'd have to work with speaker boehner. the president was trying to work out this grand bargain with speaker boehner. but when they couldn't get it done and it collapsed, it pitched over to the senate. when it became clear it had to be a senate deal, mitch mcconnell has this historic relationship with the vice president because they worked in the senate for so many years together. they just know each other. it's not like they're great friends and they don't go around and vacation together but they know how to get deals done together. so when he needed what they call a dance partner, knew what they needed to horse trade and make it happen, that's who he turned to. he's just become an exceptional resource in the white house for getting deals done on capitol hill. >> we've got an eye on that door as well. you're looking at the same thing to make sure if the president comes out, we're all going to stop talking. for the next three big things happening, the dealt ceiling, the sequester, which this bill pushes off for two months,
you'd have to work with speaker boehner. the president was trying to work out this grand bargain with speaker boehner. but when they couldn't get it done and it collapsed, it pitched over to the senate. when it became clear it had to be a senate deal, mitch mcconnell has this historic relationship with the vice president because they worked in the senate for so many years together. they just know each other. it's not like they're great friends and they don't go around and vacation together but...
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he said after the meeting he had with the speaker, john boehner, boehner promised this vote beginning on friday, then in the middle of the month gave him an olive branch. peter king, who had been very critical earlier in the day, all of a sudden he seemed to be reassured. do you think that reassurance is justified? >> i'm not entirely sure. i do think -- look, i know john boehner has been preoccupied. we all know that. but it seems to me there's a great -- miss of if nothing else a real moment to come out a little bit like a hero. it's just tone deaf. whatever the practicalities are, that this involving hurricane sandy would get pushed aside. i mean, you know, look at the martens. i mean, the family you just had on. they lost their house. there are so many people here in new york still without power. you know, it's still an ongoing problem, and it's been maybe it's not at the forefront anymore, but it seems to me that there are just -- even the optics of it would be perceived by most people. so that's what to me seems most surprising here. >> all right. everybody stay put. don't go an
he said after the meeting he had with the speaker, john boehner, boehner promised this vote beginning on friday, then in the middle of the month gave him an olive branch. peter king, who had been very critical earlier in the day, all of a sudden he seemed to be reassured. do you think that reassurance is justified? >> i'm not entirely sure. i do think -- look, i know john boehner has been preoccupied. we all know that. but it seems to me there's a great -- miss of if nothing else a real...
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and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as much as $7. cnn's candy crowley spoke with secretary of agriculture tom vilsack. $7 milk? this is known as the dairy cliff, right? >> yes, it is. we've been so focused on other kinds of cliffs, but, in fact, because there is no farm bill, they revert back to some laws that were enacted in the 1940s. it would cause -- because milk won't be, if you will, propped up, it would cause milk prices too almost double, at least according to the agriculture secretary. they're working on a fix, something like that which hits consumers so hard. they'll notice that immediately is likely to be something that congress does do something about. my guess is they will just extend
and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as much as $7. cnn's candy crowley spoke with secretary of...
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bypassing house speaker john boehner, who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority on minority leads are harry reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on miedddle class families don' go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an extended period of time, as you all know wai
bypassing house speaker john boehner, who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority on minority leads are harry reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that...
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we are not into the senate yet and the republican speaker john boehner plablamed the crisis one president saying he the one who has never found a way to say yes. >> so you are in new york and i'm in atlanta, and we get to washington now, because the senior congressional correspondent dana bash is closely following the negotiations from capitol hill, and dana, you have been there and talking to people, and where are we on this? >> well, the senate majority leader harry reid was on the floor moments ago saying that the senate will reconvene at 11:00 a.m. tomorrow. the senate will reconvene tomorrow at 11:00 tomorrow, and that means no senate votes tonight which is not good news for everybody looking at the calendar and looking at the watch at this point and not the calendar to see that it is midnight tomorrow night that everybody's taxes in this country will go up. simply put, both sides are not at a place where they believe that they can come up with anything to put on the senate floor for a vote tonight. they will give it until the actual deadline, december 31st tomorrow, to reconvene. ho
we are not into the senate yet and the republican speaker john boehner plablamed the crisis one president saying he the one who has never found a way to say yes. >> so you are in new york and i'm in atlanta, and we get to washington now, because the senior congressional correspondent dana bash is closely following the negotiations from capitol hill, and dana, you have been there and talking to people, and where are we on this? >> well, the senate majority leader harry reid was on...
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boehner had a bad beating in that plan b vote. >> i think the main thing that boehner has going for him in the rivalry is he has the worst job in the world. >> is it really the worst job in the world? >> certainly the worst job in congress. speaker boehner has to sit there and eat a lot of stuff you wouldn't necessarily want to eat because there are a lot of republicans who basically want to emote, they want to act up and speaker boehner just has to take it and try to hammer deal and eric cantor, if he goes into boehner's role, he has to do the same thing boehner wants to do. >> the starting quarterback hates the number two quarterback and boehner, if he was smart, he should have dispatched him a long time ago and said, young man, i'm going to put you out to pasture if you pull that crap on me again. he made a mistake over the debt ceiling. >> the two of them are working very closely during the negotiations. if you ask any republican on the senate, nobody thinks boehner's speakership is challenged. >> but it only takes 17 votes for that whole thing to fall apart. it reminds me of "the g
boehner had a bad beating in that plan b vote. >> i think the main thing that boehner has going for him in the rivalry is he has the worst job in the world. >> is it really the worst job in the world? >> certainly the worst job in congress. speaker boehner has to sit there and eat a lot of stuff you wouldn't necessarily want to eat because there are a lot of republicans who basically want to emote, they want to act up and speaker boehner just has to take it and try to hammer...
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john boehner was promising a friday vote on part of the relief package and speedy action on all the rest as well. dana bash will talk about this in just a moment but, you know, a lot of people are still pretty darn disgusted about how we got here in the first place. like i said, our congressional correspondent dana bash has been up early and to bed very late into bed at all. so, dana, point a to point b it seemed this was warp speed from no action to some action to hopefully a lot more action. can you walk me through the machinations? >> you played some of the comments from members of congress who were absolutely furious. the key here it was the speaker's fellow republicans they went ballistic. you can almost still feel the walls here shaking, ashley, from how angry they were on the house floor the minute they realized last night the speaker was not going to allow this to come up for a vote in this lame duck congress. it took on a life of its own and by this afternoon the house speaker and the majority leader had a meeting right down here behind me in his office with members of the new j
john boehner was promising a friday vote on part of the relief package and speedy action on all the rest as well. dana bash will talk about this in just a moment but, you know, a lot of people are still pretty darn disgusted about how we got here in the first place. like i said, our congressional correspondent dana bash has been up early and to bed very late into bed at all. so, dana, point a to point b it seemed this was warp speed from no action to some action to hopefully a lot more action....
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again, boehner couldn't get it through his caucus at $1 million a year last week. so i think what we need to do ultimately, not going to happen now because there's no time to have a grand deal but ultimately, we have to have a grand deal where we have to cut spending and increase taxes and we have to do that to put our country down the fiscal path of responsibility. now, the question though, it becomes a political question in the house, because john boehner has not wanted to pass it with democratic votes. there have been, just last year, there have been instances, where a majority of republicans, but not enough to make a majority are joining with -- >> let me just interrupt you -- >> -- to make a majority. >> let me ask you this point, this is more to the philosophy of democracy here. do you see that we have an inability as congress to reach some sort of compromise? in other words, that we are watching the decay of democracy here in our inability to do anything or accomplish anything, especially when it comes to the fiscal cliff. are you worried about the future an
again, boehner couldn't get it through his caucus at $1 million a year last week. so i think what we need to do ultimately, not going to happen now because there's no time to have a grand deal but ultimately, we have to have a grand deal where we have to cut spending and increase taxes and we have to do that to put our country down the fiscal path of responsibility. now, the question though, it becomes a political question in the house, because john boehner has not wanted to pass it with...
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didn't boehner try to go around them basically? >> i think the tea party has been weakened significantly in the last presidential election. only 21% of americans said they identified as supporters of the tea party. their kind of control over the republican party is substantially weaker. i do think you have hit tonight head, margaret. there's a centralized feel being among democrats that they can make compromises and they will not pay the ultimate price for that compromise. that is no longer something that is in the kind of dna of the republican party. we don't need to make any kind of false equivalencies here, this is a republican problem. they are no longer able to govern as a kind of full fledged party. >> charles, there's one economic argument that has come apart here and that is the tea party conservative republican argument that we want a government that spends money responsibly, doesn't overtax people. that got divorced from the idea that we ended up with people defend being the rights of people who earn more than $500,000 a
didn't boehner try to go around them basically? >> i think the tea party has been weakened significantly in the last presidential election. only 21% of americans said they identified as supporters of the tea party. their kind of control over the republican party is substantially weaker. i do think you have hit tonight head, margaret. there's a centralized feel being among democrats that they can make compromises and they will not pay the ultimate price for that compromise. that is no...
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dy call john boehner the top elected democrat in the country. he's the top-elected republican in the country. jessica, thank you for that reporting. we'll be back to you in a few moments. in a few hours, in just a few hours, trading will open in some parts of the world for the final time this year. here's the problem -- they're going to be reacting to what's going on in washington. people around the globe are going to be watching what is happening in the united states with a wary eye, cnn international anchor jim clancy is with me now. jim, this is such a hyper-focused american problem and yet it's really a problem for the whole world. >> it definitely is. if mitch mcconnell is looking for a dance partner. the united states is the dance partner for the entire world. the markets hate uncertainty what they hate even more is steering abject failure square in the face. those markets are going to open up in four or five hours' time we should see some limited reaction in asia. but perhaps not yet. it's still uncertain what is going to happen here. the
dy call john boehner the top elected democrat in the country. he's the top-elected republican in the country. jessica, thank you for that reporting. we'll be back to you in a few moments. in a few hours, in just a few hours, trading will open in some parts of the world for the final time this year. here's the problem -- they're going to be reacting to what's going on in washington. people around the globe are going to be watching what is happening in the united states with a wary eye, cnn...
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Jan 1, 2013
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does john boehner come out of this weakened or strengthened? >> john boehner's weakness and strength are kind of the same thing. he tends to take a laissez faire approach with his guys, doesn't kick them in the side very often. not able to do that. that makes him popular, means people like him, but it's hard for him to command his troops. i don't think he comes out of this any worse off than before in terms of members of his caucus, they look at him as having created a strategy that is narrowly navigating all the sholes. >> the result of the deal, we will have to have two or three more deals in the coming months and go through the cliff like negotiations. what is the takeaway and lesson for the republican conference. they keep bainary long and try to get better deals? or get forced to the up or down votesory the course of the coming months? >> they are looking for leverage. their favorite word. where do they have lev rage over the president to get spending cuts? they keep seeking leverage long past the point where it's obvious the president has
does john boehner come out of this weakened or strengthened? >> john boehner's weakness and strength are kind of the same thing. he tends to take a laissez faire approach with his guys, doesn't kick them in the side very often. not able to do that. that makes him popular, means people like him, but it's hard for him to command his troops. i don't think he comes out of this any worse off than before in terms of members of his caucus, they look at him as having created a strategy that is...
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boehner promised at one point he would publish things for three days before they voted on them. i thought that was a good idea. obama campaign promising the negotiations would be on c-span. what they're doing right now is fundamentally wrong and not likely to help very much, and just leads us to the next crisis, which will be over the debt ceiling, to be followed by another crisis. >> i'm going to ask you to stick around if you can. >> unfortunately, i can't, but i do want to wish you a happy new year despite the fact that you're in washington. >> mr. speaker, to you and the entire family, we wish you a happy new year as well. we'll see you back here in washington at some point, i'm sure. >> take care. >> thank you very much. we'll get senator rand paul's perspective on what's going on. the republican senator from kentucky, when we come back. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're n
boehner promised at one point he would publish things for three days before they voted on them. i thought that was a good idea. obama campaign promising the negotiations would be on c-span. what they're doing right now is fundamentally wrong and not likely to help very much, and just leads us to the next crisis, which will be over the debt ceiling, to be followed by another crisis. >> i'm going to ask you to stick around if you can. >> unfortunately, i can't, but i do want to wish...